Feb 27, 2017

Tesco to replace 1,700 managers with lower-paid staff

Their work will be taken by an extra 3,200 lower paid "Shift leaders", increasing staff numbers by 1,500. The retailer said the deputy managers would be offered the new roles, be redeployed or redundancy payments. Tesco announced 1,000 job cuts in January as part of its plan to cut the number of its distribution centres from 25 to 23. Last month, Tesco announced it had agreed to buy the food wholesale group Booker for £3.7bn. In recent years the UK's big four supermarket groups have faced stiff competition from smaller rivals such as Aldi and Lidl. Some poorly performing stores have been closed, while plans for new outlets have been abandoned.

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